What do BRICS countries do?

BRIC countries: China, Brazil, India, Russia and South Africa.

BRICS countries do not regard any country or group of countries as competitors, let alone engage in "camp" confrontation, but promote international cooperation.

We have the responsibility to make the economic, political and security order more just, reasonable and democratic; It will not create barriers between any culture and nation, but

This is an obligation to establish and strengthen mutual understanding and cooperation among different nationalities, cultures and regions. BRICS keeps pace with the times.

Established for development needs, it will also grow with the development of the times. As a cooperation platform for emerging economies, "BRICS"

The "ship" of the "home" organization has just set sail and has a long way to go.

The concept of BRIC evolved on the basis of the concept of BRIC. The original English version of BRIC is "BRIC", which is made up of initials of English names of Brazil, Russian, Indian and China. Because the pronunciation of "BRIC" is similar to that of bricks, it is called "BRIC". This imaginative vocabulary was first put forward by Jim O 'Neill, the global chief economist of Goldman Sachs, at 5438+0+65438 on February 20th, 2006. Later, due to the strong economic development in South Africa, the BRICS became the BRICS plus South Africa.

After more than a year's efforts, South Africa was officially invited to join the BRICS cooperation mechanism on June 20 10, and the BRICS countries changed from four to five. The South African media commented that this is an important milestone for South Africa to become a major emerging economy in the world.

South Africa's application to become a "BRICS country" is first to create conditions for its economic development. Before the outbreak of the international financial crisis, South Africa experienced the fastest economic growth period since 1994, and the economic growth rate exceeded 5% for three consecutive years. However, the impact of the financial crisis has significantly slowed down its economic growth and increased its unemployment rate. South Africa's traditional position as a western trading partner has declined, and the role of emerging economies has become increasingly prominent. At present, China is South Africa's largest trading partner, and South Africa is also China's largest direct investment destination in Africa. The trade volume between South Africa and India increased to $7.5 billion last year, and the trade and two-way investment with Brazil and Russia also increased rapidly. It can be said that emerging powers are bringing more development opportunities to South Africa. As the South African government pays more attention to the foreign service economy, it is inevitable to move closer to the BRIC countries.

South Africa also hopes to become the gateway for BRICS countries to enter Africa by joining the BRICS cooperation mechanism. From 2000 to 2008, the trade volume between BRIC countries and Africa increased more than seven times. In 2008, the trade volume between BRIC countries and Africa accounted for nearly 20% of Africa's total foreign trade. Some economists believe that the BRIC countries are bringing Africa from the periphery of the global economy to the center. South Africa is an economic power in Africa, and South African companies are almost all over Africa. Therefore, South Africa looks forward to expanding cooperation with four African countries, thus ultimately promoting its own economic development.

South Africa can finally become a "BRICS country" and benefit from the rapid development of Africa as a whole. In the past ten years, the wind of change has blown all over Africa, and the efforts to pursue peace, stability and economic reform have made the African continent's economy grow rapidly, and Africa's position in the international arena has become increasingly important. Although some people think that South Africa has a small population, a small economic aggregate and a slow growth rate, it does not seem to meet the standards of "BRICS". However, as an important representative of African countries, South Africa can promote the international African agenda and South-South cooperation, which is also an important weight for South Africa to eventually become a "BRICS country".

From South Africa's initiative to apply to join the BRICS countries, we can also see that the influence of emerging countries is expanding. "BRIC" was put forward as a term less than 10 years ago, and the formal meeting mechanism of leaders of the four countries only began in 2009. However, the economic vitality of the cooperative team has made the international community sit up and take notice. Statistics show that the BRIC countries contribute 50% to global economic growth. The International Monetary Fund predicts that the BRIC countries will account for 665,438+0% of the world economy in 2065,438+04. In addition, the four countries are playing an increasingly important role in major issues related to global governance, such as the reform of the international financial system and climate change, and pushing the international order towards a more balanced direction. South Africa is also aware of these changes and trends, and believes that it is consistent with the BRICS countries on many global issues, so it hopes to become a member of this cooperation mechanism to achieve mutual benefit and win-win results.

The expansion of the BRICS countries not only reflects the adjustment of the global economic structure, but also further promotes the changes in the international order. 20 1 1, all BRICS countries are either permanent members or non-permanent members of the un security Council, and their positive role is worth looking forward to.